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Updated about 4 years ago on . Most recent reply

Gabriel Gatica's profile image
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Gabriel Gatica
  • Member since Nov 30, 2020
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Gabriel Gatica's profile image
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Gabriel Gatica
  • Member since Nov 30, 2020
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Gabriel Gatica
3
Votes |
6
Posts
Buying & Selling Real Estate

Leveraging Paid off Rental Homes

Gabriel Gatica
Posted

I don't consider myself a RE Inv. but by accident, I have two paid off rental homes. How should I use them to grow my RE portfolio? Should I do a home equity loan, a HELOC, or both to leverage them and use the equity to grow my RE portfolio?

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Gabriel Gatica's profile image
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Gabriel Gatica
  • Member since Nov 30, 2020
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Gabriel Gatica
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Gabriel Gatica
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Gabriel Gatica
Replied

@Remington Lyman, thank you. I sure will.

@Steven Foster Wilson, thanks for that suggestion. I'll document all the fees and compare before picking a lender.

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